Intel sells 51 percent of programmable chip unit Altera to Silver Lake Partners in deal that values it at half its acquisition price
Fund raising
Intel, TSMC Strike Preliminary Deal On Foundry Venture
Intel, TSMC executives reportedly agree preliminary deal to form joint venture to operate Intel's factories
OpenAI Secures $40 Billion Funding Deal With SoftBank, Others
SoftBank has agreed a funding deal that will see OpenAI being provided with up to $40 billion in funding, upon certain conditions
Tencent Invests £1bn In Ubisoft Spin-Off
Ubisoft and Tencent to create new joint-venture developing some of company's highest-profile games, including Assassin's Creed
EU To Invest €1.3bn in AI, Cybersecurity, Digital Skills
As UK and Europe develop closer military ties, European Commission says it will invest €1.3 billion in AI and cybersecurity
Former Intel CEO Pat Gelsinger Joins Venture Capital Firm
After being 'retired' by Intel's board of directors, ex-CEO Pat Gelsinger has joined a VC firm, as well as board of chip tool startup
MEPs Ramp Pressure For Second EU Chips Act
MEPs add to Commission pressure for second EU Chips Act amidst industry calls for renewed support for European semiconductor sector
Xiaomi Raises $5.5bn In Expanded Share Sale
Smartphone maker Xiaomi reportedly raises about $5.5bn in Hong Kong share sale as it invests heavily in move to electric vehicles
Ex-Cruise Chief Vogt Raises $150m For Robotics Start-Up
Former Cruise chief executive Kyle Vogt reportedly raises $150m for The Bot Company at $2bn valuation, as investors rush to back AI start-ups
Northvolt Files For Bankruptcy In Sweden
After filing for bankruptcy protection in the US last year, struggling EV battery maker Northvolt files for bankruptcy in Sweden
China Creates High-Tech Fund To Support AI, Tech Innovation
After Trump's tariffs, Beijing creates state-backed fund to support domestic tech innovation and AI development
Siemens Confirms $285m Manufacturing Investment In US
German conglomerate Siemens confirms $285 million investment for manufacturing facilities in Texas and California
DoJ Drops Proposal To Force Google To Exit AI Investments
But US authorities still require Google to sell its Chrome browser, in order to mitigate 'illegal monopoly' ruling last year
Mira Murati AI Startup Launches With Some Familiar Faces
Former OpenAI CTO Mira Murati launches her AI startup, 'Thinking Machines Lab', with poached researchers, engineers
DeepSeek Shows China Containment Is ‘Illusion’, Says...
Success of China's DeepSeek helps spur broader interest in Chinese tech stocks, as investors reconsider AI business models
European Start-Ups Adopt DeepSeek To Cut Costs
European start-up executives say DeepSeek could make AI more accessible with services at fraction of cost of OpenAI
Trump Says Planned US Sovereign Wealth Fund Could Buy TikTok
US president orders creation of US sovereign investment vehicle, says it could buy China-owned TikTok as it faces national security ban
US Probes DeepSeek National Security Implications
US officials investigating DeepSeek national security implications, amidst questions around privacy for AI start-up that rattled markets
Tech Giants Announce $500 Billion AI Plan In US
OpenAI, SoftBank, Oracle and others form joint venture called 'The Stargate Project' – to build $500 billion AI infrastructure in US
Google Invests $1 Billion in AI Startup Anthropic
More investment into OpenAI rival Anthropic, after Google reportedly makes fresh investment of more than $1 billion
UK Second Most Attractive Country For Investment, PwC Survey Finds
Global survey from PwC places United Kingdom ahead of China, Germany and India as most attractive country for investment
UK Tech Struggling To Innovate Under Labour, Survey Finds
Ayming research finds British tech firms are struggling to source suitable funding and skills – prompting calls for more government support
Anthropic Nears Deal For $2 Billion Amazon Investment – Report
More funding for AI startup Anthropic, after report that Amazon is to pump in additional $2 billion (£1.6 billion)
OpenAI Gives Details On For-Profit Shift
OpenAI to create public benefit corporation in Delaware in effort to put it on even footing with competitors, attract investors
SoftBank Promises To Invest $100bn In US
Japanese tech investment firm SoftBank promises to invest $100bn during Trump's second term to create 100,000 AI-related jobs
AI Start-Up Basis Raises $34m For Accountancy Agent
Start-up Basis raises $34m in Series A funding round for AI-powered accountancy agent to make up for shortfall in human CPAs
Meta Donates $1 Million To Donald Trump Inauguration Fund
Weeks after CEO Mark Zuckerberg met with Donald Trump privately at Mar-a-Lago, comes news of donation to his inauguration fund
US Awards Micron $6.1 Billion From US Chips Act
Biden administration awards $6.1 billion subsidy from US Chips Act for Micron's Idaho and and New York plants
GM Kills Cruise Robotaxi Business, After Funding Is Pulled
General Motors kills Cruise robotaxi ambitions, after halting funding for the loss-making autonomous vehicle unit
Former OpenAI Researcher Raises $40m For AI Voice Start-Up
Former co-developer of voice mode for OpenAI's ChatGPT launches WaveForms AI to make AI voice interactions feel more intuitive